Tag: Servair

World’s Second-Largest Airline Caterer to be Sold

Reading Time: 1 minute Chinese conglomerate HNA has extended its CHF1.4 billion ($1.4 billion) offer for the Zurich-based airline catering company Gategroup. By the end of the initial acceptance period, HNA had originally acquired 63.6% of ownership of Gategroup. In April, HNA had said the deal for the Swiss company required a 67% buy-in. This minimum has now been […]